$AMZN TOP 20 UPDATE
Added 2023-06-08 18:25:17 +0000 UTCNice pull back yesterday to the 1 Fib at $120.50 and bounced exactly on it, this is a good sign that $AMZN is being controlled by Fib levels for now.
Next big test is at $129 at the 1.27 Fib, which is the level we have been waiting for for a number of weeks now, we want to see this go above, so we can eliminate the corrective wave.
$AMZN is one of my largest positions right now.
Comments
Is adding a position here considered good? As you said it bounced of the Fibonacci which is a good sign…
Peter C
2023-06-10 22:09:41 +0000 UTC
